This fourteenth surveillance report provides an assessment of Spain's economic and financial situation following its exit from the financial assistance programme in January 2014. Staff from the European Commission, in liaison with the European Central Bank (2), held virtual m...
This report describes the main developments of and trends in the EU banking sector since the end of 2019 and provides the European Banking Authority (EBA) outlook on the main risks and vulnerabilities (1). As in 2019, the December 2020 risk assessment report (RAR) is published al...
Increased cross-border activity in the EU internal market makes strong, close and timely collaboration between insurance supervisory authorities necessary for effective supervision. EIOPA’s Decision on the collaboration of the insurance supervisory authorities (EIOPA-BoS-17/014) ...
On 19 May 2020, the SRB launched a six-week consultation on its standardised data set designed to ensure that the minimum needed data is available to support a robust and timely valuation for resolution. ...
Within the context of resolution, the capacity of banks’ management information systems (MIS) to provide accurate and timely information is crucial for the reliability and robustness of valuations. Therefore, data availability is a fundamental prerequisite for valuation. With the...
This document aims to provide guidance to the banks regarding their management information systems (MIS) capabilities to produce information that is as up to date and complete as possible and of adequate quality to carry out a fair, prudent and realistic valuation. ...
On 8 October 2020, the Single Resolution Board (SRB) held its fifth annual conference under the title Banking Resolution: Firm Foundations for Stability. In light of the ongoing Covid-19 pandemic, the event was turned into a hybrid meeting, with some speakers participating inpers...
We design a statistical model for measuring the homogeneity of a financial network that evolves over time. Our model focuses on the level of diversification of financial institutions; that is, whether they are more inclined to distribute their assets equally among partners, or if...
